Scottsdale, AZ (PRWEB) April 17, 2010
J. Hass Group, an Arizona-based debt settlement firm with offices nationwide, is poised to save consumers from bankruptcy after the publication of a recent National Economic Research Associates report shows how debt negotiation improves creditworthiness.
Published by Marsh & McLennan Companies and submitted to the Federal Trade Commission, the National Economic Research Associates (NERA) independent report shows the effects of debt negotiation on creditworthiness, and shows the benefits of debt settlement. The research outlined in this report points to one thing – debt negotiation, when performed correctly, improves creditworthiness. Compared to the effects of bankruptcies, debt negotiation services are clearly a valid alternative.
The report points out that, “From an economic point of view, creditworthiness is simply the economic ability to repay loans.” The report also states that, “…debt negotiation will improve basic creditworthiness as a result of the reduced credit debt load.”
While bankruptcies also reduce debt, the effect they have on the consumer’s credit score is much worse. In many cases, consumers see their FICO score increase after completing a debt settlement program. The team at J. Hass Group can ensure a professionally executed debt negotiation and settlement that will improve the consumer’s creditworthiness and remove the burden of insurmountable debt.
To learn more about J. Hass Group and this NERA report, visit http://www.jhassgroup.com.
About J. Hass Group:
J. Hass Group, LLC was formed to perform loss mitigation services for individuals heavily in debt. The company has grown from a single home office to an enterprise with over 150 offices nationwide. Their Scottsdale office now occupies an entire floor of the building and employs 100+ support staff.
J. Hass Group negotiates and settles an average of $6 million+ in consumer debt and nearly 1200 individual creditor accounts every month. The company currently has nearly $490,000,000 in debt under negotiation.
Benjamin J Pozez, Vice President of Marketing and Business Development
J. Hass Group
(800)565-1260 ext 3140